601 Potrero Grande Drive, Monterey Park, CA

Property Type Office - General Office
Property Size 93,861 SF
Lot Size 6.55 Acre
Parking Spaces Avail. 431
Parking Ratio 4.60/ 1,000 SF
Property Tenancy Owner Occupied
Building Class B
Year Built 1980

Location

Map
Street

City Monterey Park, CA
Neighborhood Monterey Park
Zip Code 91755
Market Los Angeles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

Purchase Date 13 May, 2022
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Monterey Park

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

Unlock on CommercialEdge

Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

Unlock on CommercialEdge

Asking Rents in Monterey Park Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $28.49
2020 Office Vacancy Rate 22.22%
2020 Office Completions (SF)

View more Monterey Park market trends

Tax

Property Tax in 2021-2022 $249,236
Market Value* $19,856,234
Assessed Value $19,856,234

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 601 Potrero Grande Drive?

601 Potrero Grande Drive totals 93,861 square feet.

When was this property built?

601 Potrero Grande Drive was built in 1980.

When was 601 Potrero Grande Drive last sold?

601 Potrero Grande Drive was last sold on 13 May, 2022.

What is the property tax for 601 Potrero Grande Drive?

The property tax for 601 Potrero Grande Drive in 2021-2022 was $249,236.

What is the market value for 601 Potrero Grande Drive?

The market value* for 601 Potrero Grande Drive in 2021-2022 was $19,856,234.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.